It’s a fairly straightforward process to access consumer credit in developed regions like North America or Europe. Credit agencies, banks and financial players easily interact and share information and data which credit providers can then leverage to make informed decisions. On the African continent, however,...
Financial institutions continue to embrace collaborations and integrations with FinTechs, but this week, U.S. Bank elevated that strategy with its FinTech acquisition. Plus, Brazil takes its next steps in open banking, and more bank-FinTech tie-ups emerge. U.S. Bank Acquires Bento Technologies As more financial institutions...
In today’s top news, U.S. banks are expected to tighten standards for 2020 business loans, Wordline is buying rival payments firm Ingenico, and Alphabet released fourth quarter earnings on Monday. Tougher Criteria For 2020 Business Loans As Performance Wanes U.S. banks are expected to tighten...
Grab Holdings has acquired Singapore’s robo-advisory startup Bento for an undisclosed sum. The move will let Grab begin to offer retail wealth management services to users, driver and merchant partners via the Grab app, according to an emailed press release. The move will re-brand Bento...
January 27, 2020
More workers in the United States and around the world are beginning to ask for updated expense tools as business becomes more interconnected. The volume and frequency of money and data in typical business practices continue to increase, yet some businesses are still using manual, paper-based expense reporting systems that can lead to costly mistakes. […]
February 04, 2020
Grab Holdings has acquired Singapore’s robo-advisory startup Bento for an undisclosed sum. The move will let Grab begin to offer retail wealth management services to users, driver and merchant partners via the Grab app, according to an emailed press release. The move will re-brand Bento as GrabInvest from here on out as products are launched […]
April 27, 2017
i2c, a global provider of smarter payments and integrated commerce solutions, has partnered with Bento for Business, the leading provider of expense management solutions for small businesses, on a prepaid card...